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of the middle eastern studies program here at george mason. professor, how would you describe syria's economy as far as its structure? >> guest: syria's economy went through a number of changes. it went from a centralized state hood economy to a mixed economy that involved centralized aspects and some market aspects, but not in the manner that actually allowed the market to be efficient at all. >> host: when did this change occur from centralized to mixed? >> guest: most of the countries, the late developing countries, after the post colonial development, they had a period where they actually had to involve the masses in order to gain support and legitimacy. when this process, for a variety of reasons, began to create problems for the regimes and power and when external support and pressure for some of the regimes and for some of the directions that were available at the time in terms of moving towards the market economy around the 1980s took place, you saw a lot of these third world regimes or the global house begin to move from a state centered economy to a more market oriented economy, and
'm ali velshi. recent polls show a dead heat in the presidential election. the economy is still issue number one and the very voters who could decide this election are still undecided. >> i try and keep an open mind. >> i have not heard anything of substance. >> i'm looking for more. i mean we're talking about another four years. >> the questions are all about the economy. >> i'm not up at the white house. i don't see rich people all the time but i see a lot of poor people. >> microcosm of the issues we're facing in america. you can find every one of the major issues that were involved in the great recession. housing. >> when the whole mortgage debacle happened the banks weren't lending any more money. >> social security, medicare. >> it's a life saver for me. >> i want medicare preserved. >> cut other things besides medicare. >> this is a state where a quarter of the population is over the age of 60. that's the biggest proportion anywhere in the united states. so these people are concerned about every part of the economy. they want answers as to who is going to be best for them. >> t
economy and to also improve the economy over where it has been over the last four years. host: we have been talking about the jobs numbers that are coming out today. here are the october numbers. 7.9%, slightly up from 7.8% from september. in issuing 171,000 jobs added in october. this is according to the u.s. bureau of labor statistics this morning. i want to get your quick reaction to those numbers. guest: first of all, that is virtually no change. yes, it is an uptick and it was a down tick the month before, and but unemployment is basically staying around 8%. if you count the people who have given up looking for jobs in this country, we have over 20 million people who are unemployed right now. those are the people that we have to address, there needs, their concerns, and make sure they have a job. by producing 12 million jobs, a lot of these people will be put back to work. if we continue the policies of the last four years, i'm afraid we're going to see the next no. for unemployment is going to be 8%-- next norm will be around 8% and around that 20 million figure. i think we can d
at a turning point which our national debt and liabilities threat on the crush our future. our economy struggles under the weight of government and fails to create the essential growth and employment that we need. at the same time emerging powers seek to shape the world in their image, china in a very different way. this is an election of consequence. our campaign is about big things because we happen to believe that america faces big challenges. we recognize this is a year with a big choice and the american people want to see big changes. and together we can bring that kind of real change to our country. [applause] you know, four years ago candidate obama spoke to the times. he shrinks from it, from characters on sesame street and silly word games to misdirected personal attacks he knows are false. his campaign falls short of the magnitude of these times and the presidency of the last four years have fallen short of the promises of his campaign. four years ago america voted for a post partisan president but they've seen the most partisan of presidents and washington is in gridlock bec
the economy at 2:45 p.m. and look for earnings from mcgraw hill, thomson reuters, "washington post," good lord, madison square garden, the maker of bubble wrap. there's one one to watch. >> who doesn't like bubble wrap. still to come on the program, we'll take a look at what tuesday's election means for america's chances for falling off the fiscal cliff. >>> greece's coalition government on shaky ground. quit because of a scandal over a published list of suspected tax evaders. it they're putting on a unified front before a key vote on austerity measures. >> royal bank of scott land has had a loss of just over 1.4 billion pounds mainly due to a clarm on his own debt. the lender has increased its compensation provision by 400 million pounds and will soon enter negotiations to settle libor investigations. it's also likely to be hit. they reiterated the banking industry must make major changes to it culture. >> i guess in general banks didn't live up to the standards of integrity and have the right cultures. so we're paying some of the sins for that. >> some of the world's biggest banks, more capi
economy." here's the cover of the book. professor auerswald, what role does fairplay and economic development? >> guest: well, that's a great question and maybe i'll talk about what role does fear play in our conversation about development and our conversation presence? so when we talk about our reality and share our ideas in the marketplace, we are competing with other ideas. we know three things about marketplace ideas. short-term sells better than long-term. fear sells better than hope. negative sells better than positive that is to say exaggerated flows better than moderated. to receive disproportionate number of short-term narratives of negative, exaggerated stories essentially. so short-term on the negative come exaggerated. that's what's talked about any ideas. we are creatures who grew up in the savanna or environments where we were always subject to threat. so we're looking at that thing is going to hurt us, but we are no longer in those environments. we are in a complex economy, that really relies on organizations to provide basic necessities. so we have to update our th
at the economy and worry that it will not get better. mitt romney is saying we do not want four more years like we have just had. president obama is saying we do not want eight years like we had under george bush, and everybody agrees with both of them. but where do you go from here? >> the analysis of what governor romney and his campaign has to do is absolutely right. his campaign has to work on the ground game. likely scenarios -- are not saying probable, but possible is for mitt romney to win the popular vote and barack obama to win the electoral college. we had that once before 12 years ago. vice president gore got about half a million votes and governor bush. but people forget that john carey had 71,000 more votes -- if john carey had gotten 71,000 more votes in ohio, he would have won the popular vote and by 3 million puritan -- 3 million. >> simply because of ohio? >> because of ohio. i think it is a possibility that governor romney will get something like 271 and lose the part of the vote. a goes to the question of whether we should have an electoral college at all. for the obama folks
. and $50 billion in losses. and now for some good news for the economy. the president's re-election campaign. the economy beat a consensus of economists expectations added 184,000 new jobs last month and the private sector while it shed 13,000 public sector jobs, netting out a gain of 171,000 jobs. and revised employment reports forage and september added another 84,000. givingunemployment is higher, giving mitt romney a talking point. >> unemployment today is higher than on the day barack obama took office. >> eliot: what he didn't say was that the economy was losing 800,000 jobs a month when obama took office. during his term the economy added millions of jobs. professor at us berkeley goldman school of public policy and author of "beyond outrage: what has gone wrong with our economy and our democracy and how to fix it." hello, mr. secretary. >> hello eliot. >> eliot: there was a massive conspiracy that the economy was picking up steam. do you think the numbers prove there is an accelerating fact that there improvement. >> the reason why unemployment ticked up was because
, and it is still all about the economy. so we'll start with a great panel it to see talk about the american economy, who is actually going on. >>> then, you've often heard that fracking is controversial. why? we have a debate to help you think it through. >>> and do you think you have enough money? what would be enough? we'll have a fascinating discussion on the subject with lord robert skidelsky, britain's most prominent economic historian o how to answer those questions. >>> and why in the world did the nation of mali get more mention this week in the debate than all of japan, mexico, or europe? >>> first, my take. the international monetary fund's latest world economic outlook makes for gloomy roading. growth projections have been revised downward almost everywhere, especially in europe and the big emerging markets like china. yet when looking out over the next four years, coincidentally the next presidential term, the imf projects that the united states will be the strongest of the world's rich economies. u.s. growth is forecast to average 3%, much stronger than that was germany or france, at 1
. what is the toll on businesses and economies? you see businesses in the affected area have no power. so they can't pay their bills. they can't do whatever their business is. i mean it's a big problem. >> it is a big problem. we've heard economists are all over the place. we heard anywhere from 20 upward to 50 billion in damages both from infrastructure as well as lost profits but it's going to take some time for business to get back on its feet. i think you heard mayor bloomberg earlier say, you know, new york is doing well but it took a direct hit and he is expecting it to take a couple weeks. melissa: the other source of fuel that we're watching, of course is gasoline. and the impact on refineries wasn't as great as some thought. there was only one refinery in new jersey that went down. at the same time we talked to some gas station owners experiencing supply shocks. what do you think is the fallout for supply? >> i think the good news unlike katrina, this will be more of a localized event. we lost billion two million barrels a day of refining capacity along the east coast. but, that'
in their pockets to invest in the economy, for trade adjustment assistance because workers lose their jobs because of unfair competition, i led the fight to get them back on their feet. earlier in philadelphia i mentioned the dredging project. the deepening of the channels. i was a key player in getting the most recent funding for that. so, getting results is key for our economy and i have the honor to have served with the people of pennsylvania and earned their trust. i ask again for this opportunity to earn their trust and that i have heard your vote. >> that includes the debate. we would like to thank the candidates for taking part in this important program. thank you for watching. now we have these final words from are co-sponsors. thank you so much for being here. >> hello, my name is a live be a thorn. the league of women voters citizen education fund thinks the candidates for participating in this debate. we are grateful for their continued partnership and commitment to informing citizens. voters do not need a valid photo i.d., only those that are newly registered voters must show proof rea
in the election has been struggling u.s. economy, but latest jobs numbers released today show some slight improvement in the number of people out of work in october. >> the pace of recovery is slow, but it is sure to be news that both campaigns will be spending in their bid for the white house. >> ohio is the latest stop on the campaign trail. it is a key swing state with a history of voting for the overall winner. that is why barack obama was in the state capital columbus on friday. he's hoping the latest labor market numbers will give him a boost. employment rose slightly. >> the company has hired more workers in october than at any time in the last eight months. >> said the president thinks things are improving, but his challenger mitt romney says the economy is stagnating. at a rally in wisconsin, he also accused obama of failing to fulfill his promises. >> candidate obama promised change, but he could not deliver it. i promise change, but i have a record of achieving it. >> not everyone sees that as the main issue. new york's conservative mayor michael bloomberg has endorsed obama be
's newshour. >> major funding for the pbs newshour has been provided by: ♪ ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the bill and melinda gates foundation. dedicated to the idea that all people deserve the chance to live a healthy, productive life. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: an important snapshot of the country's economic growth was released today, a week and a half before the election. with positive, but still slow, improvement, the white house and the romney campaign offered different assessments. a late boost in consumer spending was a major factor in the economic news from the commerce department. gross domestic product-- the broadest gauge of the country's economic health-- grew at a 2% rate from july through september, slightly better than the 1.8% economists had predicted, and an improvement over the 1.3% growth in the previous qua
making closing arguments on an issue that's been front and center throughout the campaign. did an economy in need of a spark find one in october? u.s. employers across nearly all sectors were hiring, for a net gain of 171,000 new jobs. the labor department also revised its august and september figures higher, by 84,000. all told, it signaled slow but steady growth, and it was news that president obama wanted to play up in the campaign's final weekend, especially in one critical state. >> "oh (io), oh (io)" >> brown: the president made three stops in the buckeye state, starting in hilliard, just outside columbus. >> in 2008, we were in the middle of two wars and the worst economic crisis since the great depression. and today, our businesses have created nearly five and a half million new jobs. and this morning, we learned that companies hired more workers in october than at any time in the last eight months. ( applause ) >> brown: and the trend line seemed promising, as well. since july, the economy has added an average of 173,000 jobs per month, up from just 67,000 a month in the spring.
information technology world is going to be driving our entire economy in ways we can't understand now. ewe can tell from doug's niche titch what they look at is going to be significant for all industry. privacy is one part of it, but given the active nature of the current administration, that's just a perfectly ripe area for a tremendous amount of litigation and regulation to break out. i want to make sure i understand it, and i hope you guys will take general up on his invitation to participate in that effort because initiatives coming from the national ag's association can be very, very significant as you all know. >> well, as you all can see, no longer just the down ballot state office holder slot. these ag's are making an impact across the country on a number of issues, and i hope you will stay focused on what they are doing and provide them your input. thank you so much. give them a round of applause. [applause] glnchtsz more from the conference now from the mayor rudy guiliani talking on taxes, health care, energy. he's introduced by tom donohue. >> if i could have your attention, pl
think it's been a very tough spot for the world economy. and it's not that comfortable but i think you did see the first year dramatic decline and then since that first year, 15 months you've seen some pretty substantial recovery that still has a long way to go before people are going to feel like we're fully recovered. >> austan, let me jump in there. we do still have a long way to go. a couple of charts that a supporter of governor romney would hope people would focus on. first labor force participation rate. it rose slightly to 63.8%. look at this number. back to 1981. let me give you another one. second, the so-called underemployment rate now stands at 14.6%. hey, that's a little bit better. but you know what? this is still a number that a lot of people say is the real feel unemployment rate. >> you're getting -- let's not get a little confused. if you take that real unemployment rate, that's down substantially more over the last three years than the observed regular unemployment rate is down. so you don't want to compare two different numbers. you should take any series and look a
. there are people who want to serve when the economy changes, could impact this? yes. but right now, i feel it is not impacting our recruiting. it does not impact our quality operationally, and hopefully that will continue. >> you have been in the job for a little over a year now. god willing and things go right, you have three more years to go. i know that much of the decade before you took this job, it was not in the middle of the night and waking up and saying, what would i do if i was the chief? you have other things on your mind. what has surprised you the most in coming into this circumstance? >> well, i think, -- i guess i've got to be careful. one of the things i tell everybody what i was the commander in iraq and the commander of the core there, have the freedom to make some pretty significant decisions. that freedom is not quite the same here in washington. that is probably one of the biggest adjustment. i had to realize i did not have complete autonomy. i knew that, but it took me a while to understand that really. the real challenges that we have are that we have this large orga
's jobs report is, quote, a sad reminder that the economy is at a virtual standstill. a standstill? we've had 32 straight months of private sector job growth. that's nearly 5 1/2 million jobs. president obama took us back from the brink of an economic catastrophe. that's leadership. that's a heck of a closing argument and what governor romney is offering doesn't even stand. joining me is krystaal ball and alicia menendez. krystal, will we look back and say that this is the week that decided this election? >> i think we will look back and say this is the week that he sealed the deal. if the president came into this week with a lead in the critical battleground states, he came in with a little bit of momentum, although things were relatively static. but i do think between the response to hurricane sandy, between the way that governor christie embraced him this week, mayor bloomberg's endorsement, the magazine endorsement and then the jobs number today i think sealed the deal. i think it's the critical piece. as we respond as a country to a natural disaster to a crisis situation, we reali
the economy added 171,000 jobs last month. the unemployment rate ticked up to 7.9%. here's what president obama said about these numbers this morning in ohio. >> today our businesses have created nearly 5.5 million new jobs, and this morning we learned that companies hired more workers in october than at any time in the last eight months. >> i want to talk about the economics and the politics of the report with our chief business correspondent ali velshi and john avalon. they're in ohio talking to the voters. ali, let's start with you since you have an economics, numbers guy here. >> yeah. >> we looked at this, and the economy stated by cnn money, they were twpg 125,000 jobs, so this number was higher at 171,000. so you have figures in august and september, also higher than we thought. what do we say about the overall growth and the health of the economy and the recovery? >> you and i talked about this before. i like the jobs creation or job loss numbers. the establishment survey more than i like the unemployment number. by the way, i feel the same way about it when it's low and when it's
vote for romney. 47% for obama. the pollsters asked who would better manage the economy. 52% said romney. 43% said obama. the election is decided by the number of electoral votes allotted to each state. there are 538 votes in the electoral college. abc news estimates obama is likely to win 217 of them, romney, 191. >>> syrian military commanders say they'll abide by a cease-fire during a muslim holiday over the weekend, but government and opposition forces have shown little sign of letting up in their fighting. >> united nations and arab league envoy organized the tuesday for the festival. government and opposition forces agree to lay down their arms from friday through monday. they agree to lay down arms from friday through monday, but arm commanders say they reserve the right to retaliate against rebel attacks. the head of the opposition forces military council says he's skeptical that government forces will stick to their word. >> the two sides kept up the fighting. several place as head of the truce. government forces are said to have reinforcements. neither side respected a c
is at stake. it is a critical time for the country. we face challenges, massive debt, and an economy that is not putting our people to work. young people coming out of college can't find work. china, which is going to be a major economic power. it has been taking a lot of jobs from people in ohio, with radical violent jihadists. this is a big election about big things, and i am proud we are focusing on what we'll do to bring real chance to a country that needs it. we have a president today that -- has a different view about guesus being on the right track. my view is that this is a turning point for america. and those people who want change from day one will vote for paul ryan and myself. as i go across the country, i recognize that people don't want 23 million americans out of work, looking for a good job. they don't want administrations compftablfortable with trillion dollar deficits and kids not getting jobs out of college, and they don't like the gridlock in washington. over the coming days, i will talk to people across the country about what those changes look like. this is deta
district and concentrate on how we can grow the economy in 39 counties because many of them have lost population and a congressperson. >> let's talk about the economy. >> if you're in congress, what can you do choose accelerate the recovery from the recession? >> i am focused on the local. i would start with the local. i see this the district for the lens of a teacher. i would be looking at these counties as 39 separate entities as many different communities and want to make sure i help each of the maximize their potential by creating jobs. i have spent the last year and have laying out my plan for lairs of economic opportunity. i carry my football with because i talk about creating another lawyer of the bio-8, may. >> those watching us may wonder what that has to do with a football. >> and a car that drove appear tonight came off the line in detroit. there are plastic bottles or using hog manure to make asphalt -- we can make whatever we need within 100 miles of this community. >> what needs to be done to stimulate the economy in congress? >> it is clear what i have done. i introduce
, who would have thought it. case about the improving economy. >> in 2008 we were in the middle of two wars, and the worst economic crisis since the great depression. today our businesses have created nearly 5.5 million new jobs and this morning we learned companies hired more workers in october than at any time in the last eight months. >> with only four days left on the campaign trail, the candidates were all over the crucial state of ohio. president obama made three different stops today in that state. then out west to springfield, ohio. then he headed north to lima, ohio. mitt romney was not going to be outdone. here is a look at another romney campaign rock concert and victory rally outside cincinnati. romney was also in wisconsin this morning, portraying himself as the candidate of change? >> the question of this election comes down to this. do you want more of the same, or do you want real change? and we bring real change. >> do you want 32 more months of private sector job growth? romney sure has a funny way of showing change, doesn't he? take a look at romney's surrogates at t
after world war ii, we were the only economy that mattered. of course we're not the only economy that matters, charles, all of these great success stories you mentioned are just that, but, it's like a big investor trying to put money into a fund, you can't put enough money into those countries. we still have a very good economy here, a growing economy. and with some severe problems that we need to address and we will. and what we'll deal with this problem best, neil is the economic growth and we're getting it, just not getting enough of it. >> all right, ben stein, final point? >> i don't understand where charles is coming from, we have been talking about the rest of the world economies like crazy and there are enormous inflows of money froms u.s., japan, china, the rest of the world in the meantime we are the biggest game in town even if our money is worthless and the other people's money is even more worthless. >> neil: i don't know, there might be a point, charles, i want to you respond, and snuck that in on you, that there are other options, you're saying, right? >> there are
pushing their plans to rev up our economy and we find out it's still not in full recovery mode and more u.s. companies are announcing major firing, not hiring. the president has his pamphlet and the governor has his overall plan. and more on the pamphlet later. and is governor romney's call right or wrong? i'm brenda buttner, it's bulls and bears. we've got gary b smith. tobin smith. jonas max ferris along with tim la camp and steve murphy, welcome, everybody. okay. the folks at forbes will tackle the pamphlet plan in one hour, fair and balanced. what about the plan to overhaul the tax code. what is it going to mean for jobs. >> i think it's going to be great for jobs. overhauling the taxes is the thing that the governor and hopefully president romney can do. and incents, if that's a word, every individual and corporation out there. provides a path of what they're going to do, what they're going to pay and if it's simplified and overhauled, it will get rid of hopefully a lot of the special interests, which takes the government out of the intervention and provides a clear playing field for
today will provide a better handle on what has actually happened to the american economy so hopefully the next president can take policy actions to make things better than the last decade or so. please join me in welcoming rob shapiro, good friend, a thought leader and economist. [applause] >> thank you. thank you for coming out. thank you to my friends that are here, including senior officials under the secretary of state. i also want to acknowledge doug of the senior economic analyst at 9 advisory company -- at my advisory company who did the numbers crunching for this, which is a capacity of mine that has become very rusty. my interest in the issue of what is really happening to the incomes of americans really began in 1988. i was running economic policy in the michael dukakis campaign, and he was making the statement comparing the median income in 1988 and the median income that some significant point in the past, whether it was 10 years or 15 years, and he said the incomes of the american people have stagnated. i went to him, and i said in know, that is really not correct. the me
their attention back to the economy today; investors and traders liked what they heard. americans are feeling the most optimistic they have been in nearly five years about their finances and the outlook for the economy. the conference board's confidence index jumped to a reading of 72.2 last month. driving that gain, an improving job market. new ai for unemployment insurance fell by 9,000 in the past week to 363,000, showing modest improvement in the jobs picture. we'll have more on jobs in a moment. as for stocks, the dow gained 136 points, the nasdaq was up 42, the s&p adding 15. >> susie: but economists say that encouraging report on jobless claims and the confidence survey were collected before hurricane sandy. meanwhile, the effects of the monster storm are paralyzing much of new jersey and new york city here's an update: fr and a ha mlion pple are still without power, and it could take another ten days before power is restored. limited flights have resumed at all of the airports in the new york area. public schools are still closed in the city, as well as many schools in new jersey. and
Search Results 0 to 49 of about 452 (some duplicates have been removed)

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